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This summer, travelers want to spend more money on vacations, BMO Financial Group recently reported. However, the cost of a vacation may still vary greatly from one destination to the next depending on such factors as crime, public transportation, hotel and the price of food.

It follows that travel insurance might be a 'smart investment' for summer vacationers in 2024, according to Forbes Advisor, thanks to potential complications like flight delays and car accidents.

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Joe Toppe

Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.